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there is a great deal of misunderstanding around what happens to your pension fund should you resign after the implementation of the twoot retirement system this is leading to panic and people are even considering resigning before the 1st September to access their pensions this is completely unnecessary so please watch this video the most important point to remember is that benefits earned up to the 31st of August 2024 do not form part of the new twoot system the twoot retirement system only affects benefits earned from the 1st of September 2024 all benefits earned until the 31st of August will be allocated to the vested pot which is based on your period of service up to that date these years of service will be called your vested service the only portion of your vested service that will be affected is the seed Capital which is 10% of the value of your pension up to 30,000 Rand which will be transferred from your vested pot to the savings pot on the 1st of September we have cove
